Ah - Undercover beat me to it...
I support and recognize the right of an individual to adopt or discard any belief system as they see fit.
Just don't abridge my right of free speech when I hold your belief system to the fire of logical scrutiny.
hybridous
JoinedPosts by hybridous
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4
Watching 60 minutes about the bail out ....on top of Persian rugs.
by restrangled inguess what...i saw 2 persian rugs worth at least 10,000 a piece as the bail out was discussed.. i heard nothing.....i was just looking at those rugs....how about putting those up for sale?....like the rest of us our going to have to do to make ends meet....as if we all had persian rugs...... damn this makes me angry.. r..
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hybridous
They should have to do as the rest of us when business is failing.. be forced to sell all that they have and the money should be used to help get us out of this problem...
Agreed, Dawg. Still, this clearly won't happen. Who gets blamed now? I say it's our political class. Party labels are an intentional distraction. But both parties are 'coming together' now. Who loses? We do.
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Pro-Fiat Money... Debate Me and get your A$$ Kicked...
by Confucious inalrighty.... all in good fun here.. but i feel like the tough guy calling out anybody and everybody.. but people have been talking bad about the federal reserve and the united states fiat money system.. i thing it's good.
it keeps a balance.. after all... all money is fiat.. even if we returned to the gold standard - all money is fiat.
it's just a representation of "what people will pay for what.".
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hybridous
how long do you think it will be until we run out of gold?
We'd never run outta gold. As it diminished in available quantity, like everything else, it would go up in price. Until it was too expensive for people to want to trade dollars for. The link between dollars and gold never had to but static and set for all of eternity to be useful. But there had to be some kind of official relationship to protect people who owned dollars from what is happening right now.
But that's precisely what gave the dollar its power. The willingness of the fincancial establishment (as perscribed by the Government at the time) to trade, at any time, those pieces of cloth/paper, for something else that was rare and hard to create. When dollars=gold, then its not likely that people would rush to exchange dollars for gold, because dollars are something you can have confidence in, and are certainly more convenient.
Your argument that a thing is only worth what someone else will pay for it, is basically true. But the argument for gold goes to the fact that the alternative is terrible.
The true anchor of money is NOT the commodity behind it.
If the anchor of money is not a hard commodity behind it...then what shall it be? Is there one at all? Money is indeed a bridge for goods and services, but in order to function in that capacity it must relate in some meaningful way to the two. That's the point of gold (or oil, or silver etc...). That's the way in which it relates.
You don't need gold to anchor it.
You could anchor it to Big Macs.
Yes, I suppose we could anchor it to those. But now you've changed the argument, because a currency guaranteed in Big Macs (or anything else for that matter) is not a fiat currency.
That's the point and the central weakness of fiat. You're not guaranteed any amount of any commodity at all. There's no set relationship between fiat dollars and anything else, and as such, it is dangerous and unstable, as history testifies to.
Gold has served as the default currency for millenia because it is rare and hard to obtain. It represents the effort and work it took to mine/purify/or otherwise obtain. Now dollars, on their own, not representing gold...how hard are they to create? The government creates them at will to cover it's own financial melfeasance, so I'd submit that it's not hard at at all to create an excess of them.
I'm sure you know already what an excess of dollars means to those of us who have our wealth stored in them.
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Pro-Fiat Money... Debate Me and get your A$$ Kicked...
by Confucious inalrighty.... all in good fun here.. but i feel like the tough guy calling out anybody and everybody.. but people have been talking bad about the federal reserve and the united states fiat money system.. i thing it's good.
it keeps a balance.. after all... all money is fiat.. even if we returned to the gold standard - all money is fiat.
it's just a representation of "what people will pay for what.".
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hybridous
there will always need to be a "piece of paper" that represents that gold.
I think it's worth noting that paper dollars used to be exatly that. They were redeemable for a set amount of gold.
And during that time when dollars could not be systematically devalued for political convenience, the United States experienced much prosperity.
A dollar in 1912 bought pretty much what one bought in 1812. Inflation wasn't there to confiscate and eat up peoples' savings.
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Pro-Fiat Money... Debate Me and get your A$$ Kicked...
by Confucious inalrighty.... all in good fun here.. but i feel like the tough guy calling out anybody and everybody.. but people have been talking bad about the federal reserve and the united states fiat money system.. i thing it's good.
it keeps a balance.. after all... all money is fiat.. even if we returned to the gold standard - all money is fiat.
it's just a representation of "what people will pay for what.".
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hybridous
Here's my complaint about fiat money.
Let's pretend there's no money, we are neighbors who barter with each other. One weekend, we agree to a deal whereby I paint your shed in exchange for 2 chickens. We both have come to the agreement that my labor and time is worth 2 of the many chickens you raise in your yard.
So I perform the job to your satisfaction. But I don't want the birds right now, maybe my freezer is too full, or maybe you don't have enough to spare at the moment. So you write an IOU telling me to come back in a few months where we can settle.
Problem is, when I come to collect - you now declare the note is worth only ONE chicken. What happened to the buying power of my labor, between service and payment? This is a scam, and if you don't honor our agreement I won't do business with you anymore, and your reputation on the street is suspect.
This is analogous to fiat dollars. The instability is problamatic.
I take issue with your statement that all money is fiat. There's a world of difference between creating numbers in a database and actually twisting gold (or other metal) out of the ground.
Empires have come and gone, and so have their fiat currencies. Every fiat currency ever invented has failed after being inflated into oblivion. Hard money cannot be created so easily, and is therefore something of a protection, I think.
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hybridous
One share of DOW = 1 oz. GOLD
It's been there before....it could go there again.
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Unrealized hopes and dreams - crappy reality of life
by tartarus ini am thankful to jehovah's witnesses who taught me the bible.
i still believe it is the word of god.
i have studied other spiritual traditions and have compared different teachings and haven't found one that gives such a positive outlook on the future.
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hybridous
And how do you deal with the present reality without having the Watchtower as a support system if you're out or on the way out (or still attending, but tired of "waiting of Jehovah" to solve all your problems)?
I would submit to you that you never really had the WT as a support system. Oh sure, they might present themselves as such, but where the rubber meets the road, you're on your own. I'm sure you've had this comfirmed through your whole situation. I know I have. The WT isn't there to support you. YOU are there to support IT.
And when your 'faith' or belief or conviction or whatever...whenever those things fail you and you're weak and you need help...That's when you see their true colors...you see what they're really all about. They are only interested in you as you perpetuate THEM. It's not about you, and it never was. I really fear for the WT religion, should Jesus show up someday...
In any event, I feel for you; your story reflected my own in many ways. Part of the struggle is knowing the path you must tread, but it looks unworkable. I gained much comfort in knowing that many other people have walked in my shoes, and tread my exact path before I did. I didn't have to be the first one, wondering if I'm screwing up and damning myself should Armageddon show up next week.
At your disposal, are all the tools you will ever need for forming a life for yourself outside the WT prison. It seems that you have already faced youself in the mirror and admitted that you can't lie for God. What kind of God would ask you to?
As you make your own way down this path, and learn to rely on your own observations and natural reasoning, this board can be a great help. I hope you make extensive use of it.
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Communicating With The Dead
by choosing life ini studied in the "truth" book back in the 70's.
when we were talking about why it was wrong to communicate with the dead, the study conductor said it was because they were really demons posing as dead persons.
he also said that it would be mean on god's part if the dead were really still alive and god refused any communication with them.
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hybridous
I remember this teaching, as i have dabbled with ouija boards when i was a kid. It really took the shine off the event.
Paul
Hi there,
I was puzzled by this comment, and I can't discern your original intent of meaning. Can you elaborate on what you mean by 'really took the shine off'' means?
Thanks,
hybridous
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Does anyone have parents who have left the BORG after you did?
by Alexia inim thinking about my mother today.
shes been in the truth for over 30 years now baptized in her mid 20s.
she had been faithful the whole time despite being married to a severe alcoholic (my father only studied) for 27 years.
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hybridous
My mother (single) is totally wrapped up in this religion.
If I asked, she'd swear she's happy. But who knows how true that is. When she tells people she's happy, is it for the same reasons my friend and I would tell people it was 'our choice' to be knocking at their door selling religion on Saturday mornings?
We said it was 'our choice' (even though it WASN'T) because we were taught to.
The same way mom will say she's happy, even though I have my doubts. Happiness should'nt have to be realized through Herculean efforts.
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Not what but why you believe.
by Anti-Christ injehovah's witnesses believe many things that are different then most christian religions.
i remember going door to door and people asking me all kinds of questions regarding my faith, they wanted to know what i believed.
what someone believes is important but what is even more important is why you believe.
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hybridous
I don't think a person who goes thru life employing reason can ever really 'choose' what to believe.
I observe the sky to be blue, the grass to be green. Is there any real 'choice' concerning these observations? What I believe has been dictated to me by empirical evidence. My choice in believeing the opposite is gone.
In the end, once we start choosing what to believe, we have esentially abandoned reason. The reasoning mind is compelled by evidence.